Galaxy Integrates with Coinbase Prime to Expand Institutional Access to Secure and Scalable Staking Solutions

Rhea-AI Summary

Galaxy announced integration with Coinbase Prime (NASDAQ: COIN) on October 29, 2025, enabling Coinbase Prime clients to access Galaxy's high-performance staking infrastructure paired with Coinbase custody.

The collaboration targets institutional use cases—ETFs, ETPs and large allocators—by combining Galaxy's globally distributed validator network and ~$6.6 billion assets under stake (as of September 30, 2025). This marks Galaxy's fourth custodial integration in 2025, following Fireblocks, Zodia Custody and BitGo, and complements Galaxy's trading, lending, liquidity and GK8 self-custody offerings.

Positive

• $6.6 billion assets under stake as of September 30, 2025
• Direct integration with Coinbase Prime (COIN) expands institutional access to staking
• Fourth custodial integration in 2025 (Fireblocks, Zodia, BitGo, Coinbase)
• Pairs Coinbase custody with Galaxy's globally distributed validator network

Negative

• None.

Insights

Institutional Crypto Infrastructure Analyst

Galaxy's Coinbase Prime integration meaningfully expands institutional staking distribution and custody options.

Galaxy's integration with Coinbase Prime pairs Coinbase's institutional custody with Galaxy's validator fleet and staking infrastructure, creating a combined custody‑plus‑staking pathway. The collaboration explicitly targets institutional use cases such as ETFs and ETPs and places Galaxy among a small, selective set of staking providers accessible through Coinbase Prime as of October 29, 2025.

The main dependencies are custodial uptake and the operational reliability of Galaxy's validators; institutions will judge success on secure custody, predictable validator performance, and the ability to obtain liquidity against staked assets. Galaxy cites approximately $6.6 billion in assets under stake as of September 30, 2025, which supports credibility but requires continued uptime and transparent reporting to remain persuasive.

Watch for three concrete signals over the next 3–12 months: incremental inflows or stated client onboarding via Coinbase Prime, any published validator performance/uplink metrics, and further custodial integrations or product rollouts following this fourth 2025 integration. These items will show whether the partnership changes institutional capital flows or remains a product‑level convenience.

This integration combines Galaxy's robust staking infrastructure with Coinbase's trusted custody, powering the next wave of institutional adoption

NEW YORK, Oct. 29, 2025 /PRNewswire/ - Galaxy Digital Inc. (NASDAQ: GLXY) (TSX: GLXY) today announced its integration with Coinbase Prime (NASDAQ: COIN) – a secure, full service platform that combines deep liquidity and institutional-grade custody supporting institutions by powering their staking solutions. Through this collaboration, Coinbase Prime clients can seamlessly access Galaxy's high-performance staking infrastructure – placing Galaxy among the short list of carefully selected staking providers Coinbase has integrated directly into its platform.

As digital assets enter a new phase of institutional adoption, the largest and most influential allocators require more than just rewards – they need the ability to seamlessly diversify their staking activity and generate liquidity against their staked assets. This integration positions Galaxy and Coinbase Prime as a powerful custodial, staking, and liquidity solution for ETFs and ETPs, pairing Coinbase's trusted custody with Galaxy's globally distributed validator network.

"This Coinbase integration underscores the maturation of the staking ecosystem and the rising demand from institutions for safe, reliable, and scalable digital asset services," said Zane Glauber, Head of Blockchain Infrastructure at Galaxy. "We're proud to be a part of Coinbase's selective network of integrations, giving institutions seamless access to Galaxy's robust infrastructure from a leading institutional custody solution."

Beyond staking, Galaxy offers trading, lending, and liquidity solutions, giving institutional clients a comprehensive platform for deploying digital assets productively and moving beyond passive allocation toward advanced, capital-efficient strategies.

"With Galaxy's proven validator infrastructure integrated into the Coinbase custody ecosystem, institutions can now diversify stake across even more established staking providers," said Lewis Han, Head of Staking Sales at Coinbase. "Coinbase is highly selective in its integrations, and Galaxy's scale, expertise, and reliability make them a natural fit as we expand institutional access to staking."

With approximately $6.6 billion in assets under stake¹, Galaxy is delivering the secure, scalable infrastructure necessary to support long-term institutional participation in the cryptoeconomy. This integration with Coinbase marks the fourth custodial integration Galaxy's Blockchain Infrastructure team has announced in 2025 –  following its collaborations with Fireblocks, Zodia Custody and BitGo earlier this year – and is further supported by GK8, Galaxy's institutional self-custody technology platform.

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1 Assets under stake as of September 30, 2025.

About Galaxy

Galaxy Digital Inc. (Nasdaq/TSX: GLXY) is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Our digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. In addition, we develop and operate cutting-edge data center infrastructure to power AI and high-performance computing workloads. Our 800 MW Helios campus in Texas, which has an additional 2.7 GW of power under study, positions Galaxy among the largest and fastest-growing data center developments in North America. The Company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia. Additional information about Galaxy's businesses and products is available on www.galaxy.com.

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These risks include, but are not limited to: (1) risks related to retrofitting our existing facility from mining to AI and HPC infrastructure, including the timing of construction and its impact on lease revenue; (2) risks associated with the financing, including the ability to maintain financial covenants and ongoing obligations thereunder; (3) changes to AI and HPC infrastructure needs and their impact on future plans at the Helios campus; (4) risks associated with the leasing business, including those associated with  counterparties; (5) costs related to the HPC plans and proposed operations and strategy; (6) changes in applicable laws or regulations; (7) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (8) changes or events that impact the cryptocurrency and AI/HPC industry, including potential regulation, that are out of our control; (9) the risk that our business will not grow in line with our expectations or continue on its current trajectory; (14) the possibility that our addressable market is smaller than we have anticipated and/or that we may not gain share of it; (15) the possibility that there is a disruption or change in power dynamics impacting our results or our current or future load capacity; (16) any delay or failure to consummate the business mandates or achieve its business pipeline goals; (17) liquidity or economic conditions impacting our business; (18) technological challenges, cyber incidents or exploits; and (19) those other risks contained in filings we make with the Securities and Exchange Commission (the "SEC") from time to time, including in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 5, 2025, and available on Galaxy's profile at www.sec.gov/edgar (our "Form 10-Q").  Factors that could cause actual results to differ materially from those described in such forward-looking statements include, but are not limited to, financing and construction terms and conditions, a decline in the digital asset market or general economic conditions; a delay or failure in developing infrastructure for our business or our businesses achieving our mandates; delays or other challenges in the AI/ HPC infrastructure business related to hosting, power or construction; and changes in applicable law or regulation and adverse regulatory developments. Should one or more of these risks or uncertainties materialize, they could cause our actual results to differ materially from the forward-looking statements. Except as required by law, we assume no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements. You should not take any statement regarding past trends or activities as a representation that the trends or activities will continue in the future. Accordingly, you should not put undue reliance on these statements. 

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SOURCE Galaxy Digital Inc.

FAQ

What did Galaxy announce about Coinbase Prime (COIN) on October 29, 2025?

Galaxy announced an integration with Coinbase Prime (COIN) giving Coinbase Prime clients access to Galaxy's staking infrastructure.

How much assets under stake does Galaxy report as of September 30, 2025?

Galaxy reports approximately $6.6 billion in assets under stake as of September 30, 2025.

How does the Coinbase Prime (COIN) integration affect institutional staking for ETFs and ETPs?

The integration pairs Coinbase custody with Galaxy's validator network to provide a custodial, staking, and liquidity solution for ETFs and ETPs.

Is this Galaxy's first custodial integration in 2025 with Coinbase Prime (COIN)?

No; this is Galaxy's fourth custodial integration in 2025, after Fireblocks, Zodia Custody, and BitGo.

Which Galaxy products complement the Coinbase Prime (COIN) staking integration?

Galaxy's trading, lending, liquidity solutions and GK8 institutional self-custody platform complement the integration.

Which Galaxy executive commented on the Coinbase Prime (COIN) integration on October 29, 2025?

Zane Glauber, Head of Blockchain Infrastructure at Galaxy, commented on the integration.